President Trump played a key role in the historic agreement between the world’s largest oil producers that trims global production.
Saudi Arabia, Russia and the U.S. agreed to lead a multinational coalition in major oil-production cuts after a drop in demand due to the coronavirus.
Oil-producing nations on Sunday agreed to the largest production cut ever negotiated, in an unprecedented coordinated effort.
OPEC, Russia and other oil-producing nations on Sunday finalized an unprecedented production cut of nearly 10 million barrels.
The world’s top oil producers pulled off a historic deal to cut global petroleum output by nearly a 10th, putting an end to a devastating price war.
OPEC and allies led by Russia agreed on Sunday to a record cut in output to prop up oil prices amid the coronavirus pandemic in an unprecedented deal.
The United States is not concerned by the prospect of further output cuts by OPEC and its allied oil producers, U.S. Energy Secretary Dan Brouillette
Saudi Arabia and Russia ended their price war and are promising to deliver the oil production cut sought by President Trump to raise historically low
U.S. Energy Secretary Dan Brouillette says it could be the largest reduction in production from OPEC for perhaps a decade.
The world's largest oil producers yesterday reached a historic truce to trim production as the novel coronavirus hammers demand for oil.